Yahoo Restructuring: Rivals Offer Jobs to Staff Who May Face Axe

Even as Yahoo confirmed on Tuesday that it was going to restructure its Bangalore office, internet companies in India started expressing their interest in hiring the California-based global internet giant's employees who may be handed pink-slips.

A report by TechCrunch on Tuesday said that Yahoo was looking to lay off around 400 people, mainly working in product engineering from its Bangalore office.

Rival internet companies like Times Internet and Zomato reached out to Yahoo's Bangalore staff through social media and asked them to apply to their companies.

Times Internet CEO Satyan Gajwani posted back to back tweets on Tuesday evening inviting Yahoo's staff to join his company.

Yahooers- We are hiring across skill sets and across businesses. Send me a mail sg@timesgroup.com and explore your options!

October 7, 2014

Zomato founder and CEO Deepinder Goyal also took to micro-blogging site Twitter on Tuesday evening and said, "We're (always) hiring." The tweet was clearly directed at Yahoo employees, as the e-mail given for sending resumes was yahoo@zomato.com along with a smart caption, "Yeah, Who?" that sounds like the California-internet giant's name.

 

We're (always) hiring :) #tech pic.twitter.com/hZmQhbZeea

October 7, 2014

Despite, the confirmation that Yahoo is making changes in its Bangalore operations that would lead to "consolidation of certain teams into fewer offices", the company did not comment directly on reports that it is laying off a large chunk of its India staff. The size of its Bangalore office is the largest after its California headquarters. Yahoo had roughly 2,000 employees in Bangalore in March 2013, according to reports.  
 

(With inputs from Reuters)

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